this post was submitted on 14 May 2025
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Given mass immigration by the Liberals I'd say they did far worse, given rents doubled in the last decade and its peoples single largest expense. Benefits definitely didn't double.
The Libs even buy half of all mortgage bonds, artificially devaluing debt to gift to home owners, like a reverse Robin hood.
Immigration is irrelevant.
To driving demand for rentals?
The biggest dupe the cons have pulled off is making you think immigrants are the issue, not the boss who won't increase wages, or the landlord that continues avaricious levels of rent.
Refugees and immigrants are not your enemy. The wealth hoarding class is your enemy.
amen
Its basic supply and demand. If you don't have supply and you increase demand then you get shortage, just chart immigration to rents and you'll see they are directly correlated.
https://i.redd.it/yc1oaqonymec1.jpeg
You've been gaslit by Liberals for too long, even the Bank of Canada said they pushed up home values. We also have depressed wages due to capital swallowing due to the speed with which we did it.
https://publications.gc.ca/collections/collection_2023/banque-bank-canada/FB3-7-2023-17-eng.pdf
https://www.cbc.ca/news/politics/immigration-bank-of-canada-housing-1.7093426
It also entrenched asset inequality from QE, as this BoC publication outlines. Usually the labor pressure from the low unemployment would wipe out the wealth inequality of rising asset prices due to QE.
https://www.bankofcanada.ca/wp-content/uploads/2019/01/swp2019-6.pdf
All of this is just coping really hard bro. Look behind any of what you said here and it's all the shadow of the greed of capitalism. You're not going to convince me the libs are bad. I know. I also know the cons love unfettered capitalism and use immigration as a smokescreen to hide the real problem: capitalism is failing.
Putting the blame on people coming to Canada to escape war and poverty is disgusting. Be better.
You don't like capitalism making homes unaffordable and having no money? Change capitalism, don't blame people in need.
Its sprawled zoning and low density, large greenbelt, huge developer fees that increased thousands of percent, and bureaucracy that prevents new development. None of that is capitalism, its central planning.
Saying im blaming immigrants is idiotic, I'm against mass immigration well beyond housing completions. But I'm assuming your a NIMBY home owner and aren't arguing in good faith.